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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - Charitable activity - renting of premises on ...

Income Tax

December 25, 2017

Exemption u/s 11 - Charitable activity - renting of premises on commercial basis - merely because the ld AO has found some entries of the voluntary donation/ contributions correlated with their stay in guest house cannot lead to the conclusion that assessee are charging guesthouse/dharmashala on commercial basis. - AT

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